Coronavirus support for Sandwell businesses: grants, relief and finance

We know the pandemic continues to have a profound impact on businesses. Here are details of grants, relief and finance available in Sandwell and nationally. Do see also our page of general business information to help you emerge from the pandemic.

This page was last updated in September 2021.

Grants and finance for Sandwell businesses

>Go to coronavirus support for Sandwell businesses
>Go to our general access to finance page

Sandwell Council support

See Sandwell Council’s coronavirus grants page for details of available grant funding.

Government support

Coronavirus Job Retention Scheme (also known as the furlough scheme)
The Coronavirus Job Retention Scheme is running until the end of September 2021, with employees receiving 80 per cent of their current salary for hours not worked. This is known as being furloughed.

Recovery Loan Scheme
The Recovery Loan Scheme supports access to finance for UK businesses of any size as they recover from the disruption of the Covid-19 pandemic.

Up to £10m is available per business, although the actual amount offered and the terms are at the discretion of participating lenders.

The scheme is open until 31 December 2021, subject to review.

More support for self-employed workers
The Covid-19 government guidance for employers and businesses includes advice about short-term business rates relief and the package of government support available to businesses.

The government has a coronavirus financial support finder to help you see what loans, tax relief and grants might be available to your business.

Watch videos of recorded webinars to learn about the support still available to help you deal with the economic impacts of coronavirus.

Getting information on financial support

On Greater Birmingham Chamber of Commerce’s homepage, you can click on the blue button at the top right (‘COVID-19 support grid’) and access a chart showing government support for businesses and charities.

Coronavirus Statutory Sick Pay Rebate Scheme
Small businesses (fewer than 250 employees) can claim back the cost of providing Statutory Sick Pay (for up to 14 days) to any employee due to coronavirus.

HM Revenue & Customs held webinars on the SSP Rebate Scheme, giving employers an overview of the scheme: you can watch a video recording here.

Deferring VAT and income tax payments
The government is providing support around deferring VAT and income tax payments. If you can’t pay your business tax bill due to coronavirus you can reach the HMRC Coronavirus Helpline for free on 0800 0159 559. The line is open on Monday to Friday from 8am to 8pm and on Saturday from 8am to 4pm.

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Funding support

Audit, tax, advisory and risk firm Crowe UK has a comprehensive page of advice to help businesses manage the impact of coronavirus.

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> Return to coronavirus support for Sandwell businesses

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